Aggressive traders could begin probing the long side of TWLO.
The company is in a secular downtrend fundamentally, but the stock has risen with the market in this wild ride over the past 12 months.
Here's where traders should look to buy a pullback.
There is a fundamentally sound business here (for now), but the shares have yet to build what we call an IPO base.
Traders could go long CI at current levels, and we have two price objectives.
Hundreds of broken charts are being offset in the indices with a couple of big-cap names such as Home Depot.
Let's look at the latest index charts and key market data.
This tracking portfolio is comprised of companies that have three specific attributes.
Here's our first price objective.
Here's our technical strategy.